MSM:TAOI Income Statement

Financials in millions OMR. Fiscal year is January - December.

Millions OMR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Premiums & Annuity Revenue	21.11	21.11	18.14	13.07	10.81	12.11
Total Interest & Dividend Income	0.51	0.52	0.85	0.81	0.89	0.56
Other Revenue	0.43	0.39	0.28	0.26	0.15	0.54
Total Revenue	22.05	22.02	19.27	14.14	11.84	13.21
Revenue Growth (YoY)	263.56%	14.26%	36.27%	19.38%	-10.32%	-15.37%
Policy Benefits	14.44	14.44	12.17	10.31	10.42	9.49
Policy Acquisition & Underwriting Costs	3.38	2.42	2.32	1.83	2.72	2.31
Selling, General & Administrative	3.69	4.62	4.06	3.89	3.76	3.19
Other Operating Expenses	-3.02	0.74	0.41	0.09	0.85	0.22
Total Operating Expenses	18.48	22.22	18.95	16.13	17.76	15.21
Operating Income	3.57	-0.2	0.32	-1.99	-5.91	-2.01
Other Non Operating Income (Expenses)	1.08	1.08	0.72	15.89	0.22	0.87
EBT Excluding Unusual Items	4.65	0.88	1.03	13.9	-5.69	-1.14
Gain (Loss) on Sale of Assets	-0.12	-0.12	-0.29	-0.31	-0.18	-
Pretax Income	4.53	0.76	0.75	13.6	-5.87	-1.14
Income Tax Expense	0.18	0.05	0.14	-0.25	-0.19	-0.18
Net Income	4.35	0.71	0.61	13.84	-5.68	-0.96
Net Income to Common	4.35	0.71	0.61	13.84	-5.68	-0.96
Net Income Growth	-	16.48%	-95.58%	-	-	-
Shares Outstanding (Basic)	250	250	250	182	100	100
Shares Outstanding (Diluted)	250	250	250	182	100	100
Shares Change (YoY)	-	-	37.53%	81.78%	-	-
EPS (Basic)	0.02	0.00	0.00	0.08	-0.06	-0.01
EPS (Diluted)	0.02	0.00	0.00	0.08	-0.06	-0.01
EPS Growth	-	16.46%	-96.78%	-	-	-
Free Cash Flow	3.52	-0.69	5.65	1.63	1.54	-1.71
Free Cash Flow Per Share	0.01	-0.00	0.02	0.01	0.01	-0.02
Operating Margin	16.18%	-0.91%	1.64%	-14.04%	-49.92%	-15.18%
Profit Margin	19.72%	3.24%	3.18%	97.90%	-47.93%	-7.24%
Free Cash Flow Margin	15.95%	-3.14%	29.31%	11.55%	13.04%	-12.94%
EBITDA	3.88	0.15	0.62	-1.87	-5.81	-1.89
EBITDA Margin	17.62%	0.70%	3.19%	-13.25%	-49.04%	-14.28%
D&A For EBITDA	0.32	0.35	0.3	0.11	0.1	0.12
EBIT	3.57	-0.2	0.32	-1.99	-5.91	-2.01
EBIT Margin	16.18%	-0.91%	1.64%	-14.04%	-49.92%	-15.18%
Effective Tax Rate	4.02%	6.58%	18.16%	-	-	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.